This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
4-bedroom, 2-bathroom house of 344 m², built in 2002. Located on estrada Velha da Lançada, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Feature: The property includes a sizable plot of over 1,400 m², providing ample space for outdoor activities, additional structures, or gardening in a tranquil setting.
The valuation. The asking price of €230,000 is considerably below the fair value of €278,205, reflecting an undervaluation of €48,205, or 21.0%. This presents a favorable opportunity for investors. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the property’s underpriced status, allowing for renovation within budget before reselling at a profit. Enhancing the basic materials is key to maximizing resale value. Buy-to-let angle. With an estimated gross yield of 12.9%, achieving around €2,472/month in rental income positions this property well for long-term family rentals. The rural setting may attract tenants looking for affordability and safety.
Fair value modelled at €278,205 from the area baseline, adjusted for condition and location. Asking €230,000 sits €48,205 (21.0%) below — the upside to fair value.
Asking €230,000 versus the estrada Velha da Lançada area baseline of €929,144 (€2,701/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 18/100 (Condition 15 · Materials 20 · Room dimensions 25). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 47/100 (Housing Market 40 · Amenities 45 · Economic 50 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
estrada Velha da Lançada
Area baseline €929,144 + condition -€306,375 + location -€7,100 = modelled fair value of €278,205 (€809/m²), a €48,205 (21.0%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Velha da Lançada | Subject | €230,000 | €669 | — | 15 | 47 |
| Montijo e Afonsoeiro · 023b4a | Active | €325,000 | €1,912 | 185.9% | 25 | 57 |
| Montijo e Afonsoeiro · 96c496 | Active | €250,000 | €1,613 | 141.2% | 35 | 53 |
| rua Dom Francisco de Almeida, 118 | Active | €325,000 | €1,912 | 185.9% | 28 | 51 |
| Montijo e Afonsoeiro · 6d51d2 | Active | €299,900 | €2,026 | 203.1% | 42 | 57 |
| Median comp | €312,450 | €1,912 | 186.0% | 32 | 55 |
Long-term rental The property in Montijo e Afonsoeiro presents a favorable long-term rental opportunity due to its significant gap of 21.0% below fair value, contributing to a gross yield of 12.9%. This combination makes it an attractive option for investors looking for consistent rental income in a rural setting. Family rental Given the spacious layout of 344m² and the favorable positioning in a low-crime rural area, the property is well-suited for families seeking affordable housing. The fair value indication further supports its potential as a desirable long-term family rental option in the Montijo e Afonsoeiro region.
Economic and Tenant Instability: With both the economic stability and tenant stability scores at 50/100, there is a significant risk of fluctuations in rental income and potential vacancies, impacting the overall return on investment.